Business · Companies · 13 hrs ago

Bulgari Pink diamond ring sells for 12.1 million Swiss francs

Bulgari Pink diamond ring sells for 12.1 million Swiss francs

A 24-carat pink diamond ring sold for 12.1 million Swiss francs at a Christie’s auction in Geneva on Tuesday.

Called the Bulgari Pink, the emerald-cut stone fetched more than $14.6 million.

Its sale price was within the expected range of 10 million to 15 million Swiss francs.

The rare diamond is believed to come from India’s Golconda mines, known for producing celebrated stones such as the Koh-i-Noor and the Hope Diamond.

The same family owned it since the 1950s, after buying it at the time.

Its sale was a highlight of Christie’s seasonal jewelry auction, which also included nearly 300 jewels from a private collection; no further plans for the diamond were given.

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